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This 37 years old HVAC sales and service business is located in the high growth Raleigh NC metro are
| Asking Price: | $687,000 | Inventory: | $9,000 ** |
| Gross Revenue: | $1,780,000 | Real Estate: | n/a |
| Cash Flow: | $276,000 | FF&E: | $118,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This 37 years old HVAC sales and service business is located in the high growth Raleigh NC metro area. The company primarily services and installs HVAC systems for residential and light commercial applications. 80-90% of this work is on existing systems, not new construction. The installations that have done at new homes have primarily been custom homes and not spec homes with developers. Over the years, a reputation of quick, dependable service work has provided the company with the majority of change-out work and also is the main source of advertising. Ninety five percent of the business is done within a 20 mile radius of the office.
About the Business
Year Established:1965
Employees:10 full time -
Market Outlook and Competition:Certainly doing business in one of the best markets in the US allows for normal healthy growth.
The company has a very good reputation with some commercial contractors on new commercial projects but has not sought out this type work with other contractors. With the foundation of the service and installation work commercial projects are a way to add large chunks of business. : Doing business in one of the best markets in the US allows for normal healthy growth. The company has a very good reputation with some commercial contractors on new commercial projects but has not sought out this type work with other contractors. With the foundation of the service and installation work commercial projects are a way to add large chunks of business.
About the Sale
Management Training and Support:Sellwe will assist new owner in training during a transition period.
Reason For Selling:The sellers have been working in the business for 30 years and want to do something else. The husband plans to use his Mechanical Engineering degree, possibly in the heating and air field, but not as a competitor.
KEYWORDS: HVAC Heating Air conditioning
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